BTC Price Analysis: Bitcoin’s Consolidation About to End as Major Move Seems Imminent
Bitcoin’s price rally has come to a halt over the last couple of months as the market consolidates. Yet, things are about to change soon, either for the better or…
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Core Scientific Sees Revenue Surge in 1Q24 Post-Bankruptcy Emergence
The leader in Bitcoin mining has announced its financial performance for the first quarter of 2024, revealing an improvement since its emergence from bankruptcy. The company reported a net income…
Bitcoin Crashes Below $61K as Altcoins Take Massive Beating (Weekend Watch)
The past 24 hours haven’t treated the cryptocurrency market well, with most coins trading well in the red. Bitcoin plummeted below $61K, while the majority of altcoins are also charting…
Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions
Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as…
This is Why Ethereum is No Longer a Deflationary Network: CryptoQuant
Over the years, analysts and developers have touted Ethereum as a deflationary network, presenting the blockchain as ultrasound, aligning with Bitcoin’s sound money principle. However, that seems to have changed…
BTC Price Settles at $63K as Network Difficulty Declines, Binance’s Regulatory Issues Continue: This Week’s Crypto Recap
Bitcoin’s price saw a lot of volatility last week, especially before and after the US Fed’s most recent FOMC meeting, but managed to recover some ground during the current one.…
Cathie Wood-led Ark Invest Slashes Coinbase Holdings by $15.1M
Cathie Wood-led Ark Invest has yet again slashed its holdings in Coinbase (COIN). The company sold 70,616 shares of Coinbase, totaling $15.1 million, spread across three of its exchange-traded funds…
Is Polkadot Bound for a Massive Move Following Consolidation Around $7? (DOT Price Analysis)
Following a bounce from the lower boundary of the current price range at $6.4, Polkadot experienced a surge, reaching the upper threshold, coinciding with a significant resistance area. Consequently, a…
Coinbase Faces Lawsuit for Alleged Deception in Selling Unregistered Securities
Coinbase cryptocurrency exchange and its CEO, Brian Armstrong, are facing a new lawsuit from a group of plaintiffs from California and Florida alleging that they were deceived into purchasing unregistered…
New Visa Metric: Over 90% of Stablecoin Transactions Not Genuine
The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric…
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